Injunctive Relief and Additional Remedies. Although all claims arising between the parties are subject to arbitration, unless otherwise prohibited by applicable law each party retains the right to file, in a court of competent jurisdiction, an application for provisional injunctive and/or equitable relief in connection with a claim relating to this Agreement, including any claims relevant to the application for provisional relief, and shall not be obligated to post a bond or other security in seeking such relief unless specifically required by law. Although a court may grant provisional injunctive and/or equitable relief, the arbitrator shall at all times retain the power to grant permanent injunctive relief, or any other final remedy. Executive acknowledges that the injury that would be suffered by Sento as a result of a breach of Paragraphs 5, 6, and 7 of this Agreement, which provisions remain in force following the Separation Date, would be irreparable and that an award of monetary damages to Sento for such a breach would be an inadequate remedy. Consequently, Sento will have the right in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce Paragraphs 5, 6, and 7 of this Agreement.
Appears in 1 contract
Sources: Retirement Agreement (Sento Corp)
Injunctive Relief and Additional Remedies. Although all claims arising between the parties are subject to arbitration, unless otherwise prohibited by applicable law each party retains the right to file, in a court of competent jurisdiction, an application for provisional injunctive and/or equitable relief in connection with a claim relating to this Agreement, including any claims relevant to the application for provisional relief, and shall not be obligated to post a bond or other security in seeking such relief unless specifically required by law. Although a court may grant provisional injunctive and/or equitable relief, the arbitrator shall at all times retain the power to grant permanent injunctive relief, or any other final remedy. Executive acknowledges that the injury that would be suffered by Sento as a result of a breach of Paragraphs 5, 6, 5 and 7 6 of this Agreement, which provisions remain in force following the Separation Date, would be irreparable and that an award of monetary damages to Sento for such a breach would be an inadequate remedy. Consequently, Sento will have the right in addition to any other rights it may have, to obtain injunctive relief to restrain any breach or threatened breach or otherwise to specifically enforce Paragraphs 5, 6, 5 and 7 6 of this Agreement.
Appears in 1 contract
Sources: Retirement Agreement (Sento Corp)